Nobel Prize Shows Both Wisdom and Madness of Crowds. Ex dishes on sex life with Steve Jobs. Tracing China's Long Game Plan

October 21 2013, 15:13

Bloomberg - Nobel Prize Shows Both Wisdom and Madness of Crowds - Eugene Fama is the intellectual godfather of the view that financial markets are efficient, while no one has done more than Robert Shiller to highlight their inefficiencies. Lars Peter Hansen developed statistical techniques that both sides have used to help resolve their differences.

New York Post - Ex dishes on sex life with Steve Jobs- Chrisann Brennan first met Steve Jobs in 1972, while they were both students at Homestead HS in Cupertino, Calif. Over the next five years, they dated off and on throughout their teens and early 20s. The two were living together with their friend Daniel Kottke, a computer engineer and one of the earliest employees of Apple, in 1977, when the company took off.

Time - An Underworld of Male Slaves Comes to Light in the U.K. - After Darrell Simester, then 30, went missing on vacation at a south Wales seaside resort in Aug. 2000, his family didn’t see him again for almost 13 years. They never gave up trying to find the “vulnerable” and “timid” Simester — and their perseverance eventually paid off. In March 2013, an anonymous tip-off led Simester’s family to a two-berth caravan in a stable yard just outside Cardiff, Wales’s capital city. There they found him, now aged 43, in dirty, torn clothes and with teeth missing – but otherwise okay.

National Interest - Tracing China's Long Game Plan - SINCE THE 1990s, U.S. policy toward China has been premised on the idea that increasing Chinese wealth and international stature would lead naturally to domestic political liberalization. Early in the previous decade, the Bush administration also held out hope that China would become a “responsible stakeholder” in the international community. The intervening years have witnessed marked growth in China’s economic and diplomatic heft, with the country emerging as the second-biggest economy in the world. Its leaders refer to it as a “great power” alongside the United States.

The Washington Times - PIPES: Muslim Russia?- The stabbing death on Oct. 10 of an ethnic Russian, Yegor Shcherbakov, 25, apparently by a Muslim from Azerbaijan, led to anti-migrant disturbances in Moscow, vandalism and assaults, and the arrest of 1,200, and brought a major tension in Russian life to the fore.

Not only do ethnic Muslims account for 21 million to 23 million of Russia’s total population of 144 million, or 15 percent, but their proportion is fast-growing. Alcoholism-plagued ethnic Russians are said to have European birthrates and African death rates. Their women have on average 1.4 children, and their men have a life expectancy of 60 years. In Moscow, ethnic Christian women have 1.1 child.